AMIPX Fees and Costs — Amana Participation Fund, Institutional Class
Data updated: 2026-09-28
The net expense ratio is 0.57%: a 0.50% management fee plus 0.07% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 35%.
AMIPX Fees and Expenses
Annual operating expenses and sales charges of AMIPX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | — |
| Other expenses | 0.07% |
| Gross expense ratio | 0.57% |
| Fee waiver | — |
| Net expense ratio | 0.57% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
AMIPX Costs Over Time
On $10,000 invested in AMIPX, assuming 5% a year before costs, total costs come to $360 over 5 years, cutting the return by 0.60% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.57%) | $60 | $188 | $327 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $60 | $197 | $360 |
| Value after costs | $10,440 | $11,379 | $12,403 |
| Impact on return, per year | 0.60% | 0.60% | 0.60% |
AMIPX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $86.0M
- Portfolio turnover (prospectus): 35%
- Securities lending: none during the year
AMIPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc | $32.3M | 37.61% |
| Arqaam Capital Limited | $16.7M | 19.39% |
| BCP Securities | $14.5M | 16.90% |
| Liquidity Finance | $12.9M | 14.96% |
| MarketAxess | $5.6M | 6.47% |
| Amstel Financial Services | $3.0M | 3.49% |
| BGC Financial | $1.0M | 1.18% |
Amana Participation Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| AMIPX | Institutional Class | 0.57% | — |
| AMAPX | Investor Class | 0.81% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.